How to claim living / transport / visa expenditure in Income tax for working in abroad while being a Indian Resident working for that financial year
How do I claim tax deducted outside India?
Documents required to be furnished for claiming FTC
- A statement of : foreign income offered to tax. …
- Certificate or statement specifying the nature of income and the amount of tax deducted therefrom or paid by the taxpayer : From the tax authority of the foreign country. …
- Proof of payment of taxes outside India.
How much overseas income is tax free?
$108,700
The Foreign Earned Income Exclusion (FEIE, using IRS Form 2555) allows you to exclude a certain amount of your FOREIGN EARNED income from US tax. For tax year 2021 (filing in 2022) the exclusion amount is $108,700.